McCormick & Company Declares $0.48 Quarterly Dividend, Continuing 102-Year Payout History

HUNT VALLEY, Md. — The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) announced on Sept. 24, 2026, that it has declared a quarterly dividend of $0.48 per share on its common stocks. According to the PR Newswire filing, the distribution is scheduled to be paid on October 26, 2026, to shareholders of record as of October 13, 2026.

Strategic Context

The dividend declaration marks the 102nd year that the Hunt Valley, Maryland-based spice and seasoning manufacturer has distributed a dividend to its equity holders. For institutional allocators and long-term holders monitoring cash flow commitments within the consumer staples sector, the continuous payout history highlights management's ongoing focus on shareholder capital return programs.

Financial & Macro Implications

The board action maintains the company's established distribution schedule without introducing concurrent modifications to broader financial guidance or operating structures. The payment mechanism applies directly to holders of the company's common stocks ahead of the mid-October record deadline.

Forward Outlook

Market participants tracking McCormick's capital allocation execution will look toward the October 13, 2026 record date and the subsequent October 26, 2026 disbursement date to confirm the operational execution of the latest quarterly distribution.